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ETFs

MicroSectors Energy 3x Leveraged ETNs

WTIU
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Today’s Change
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Snapshot
*

Inception Date
Feb 14, 2023
Expense Ratio
0.95%
Type
US Equities
Fund Owner
MicroSectors
Volume (1m avg. daily)
$39,826
AUM
$3,265,304
Associated Index
Solactive MicroSectors Energy Index
Inverse/Leveraged
Leveraged (3x)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View
Invest with WTIU
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What is WTIU?

The return on the MicroSectors Energy 3X Leveraged ETNs is linked to a three times leveraged participation in the performance of the Solactive MicroSectors Energy Index, compounded daily, minus the applicable fees. The Index is a total return index that tracks the stock prices of highly liquid U.S. energy and oil companies. The Index is a total return index that measures the performance of 12 highly liquid U.S. stocks from the energy and oil sector.

1M
3M
6M
YTD
1Y
3Y
Max
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WTIU
Performance Measures**

for the time period Feb 15, 2023 to Dec 5, 2025

Returns

1M Trailing Return: 15.7%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 11.6%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -75.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 69.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: -0.02

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.30

The annualized return divided by the max drawdown for the selected time period.

ETFs related toWTIU

ETFs correlated to WTIU include OILU, NRGU, XLE

WTIU
Bank of Montreal - ZC SP ETN REDEEM 29/01/2043 USD 25
OILU
Bank of Montreal - MicroSectors Oil & Gas Exploration & Production 3X Leveraged ETNs
NRGU
Bank of Montreal - MicroSectors U.S. Big Oil Index 3X Leveraged ETNs
XLE
SSgA Active Trust - The Energy Select Sector SPDR Fund
FENY
Fidelity Covington Trust - Fidelity MSCI Energy Index ETF
ERX
Direxion Shares ETF Trust - Direxion Daily Energy Bull 2X Shares
VDE
Vanguard Group, Inc. - Vanguard Energy ETF
DIG
ProShares Trust - ProShares Ultra Energy
IYE
BlackRock Institutional Trust Company N.A. - iShares U.S. Energy ETF
FTXN
First Trust Exchange-Traded Fund III - First Trust Nasdaq Oil & Gas ETF
RSPG
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Energy ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toWTIU

3x Melting Pot

Category

Leveraged ETFs, Mean reversion, Daily rebalance, Long/short, Multi-asset, 3x, Buy-the-dip

OOS Cumulative Return

60.28%

Create your own algorithmic trading strategy with WTIU using Composer

FAQ

WTIU is a US Equities ETF. The return on the MicroSectors Energy 3X Leveraged ETNs is linked to a three times leveraged participation in the performance of the Solactive MicroSectors Energy Index, compounded daily, minus the applicable fees. The Index is a total return index that tracks the stock prices of highly liquid U.S. energy and oil companies. The Index is a total return index that measures the performance of 12 highly liquid U.S. stocks from the energy and oil sector.

WTIU tracks the Solactive MicroSectors Energy Index.

No, WTIU is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, WTIU is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on WTIU is 0.1308%. This is the percent change in the value of WTIU over the most recent 1-month period. The 3-month return on WTIU is 0.4718%. This is the percent change in the value of WTIU over the most recent 3-month period.

ETFs similar to WTIU include WTID, SSO, and QID.

ETFs correlated to WTIU include OILU, NRGU, and XLE.

ETFs that are inversely correlated to WTIU include NRGD, OILD, and ERY.

Yes, WTIU is a Leveraged (3x) ETF: This means that WTIU will try to match the performance of Solactive MicroSectors Energy Index, but with 3x the returns.

No, WTIU is not an inverse ETF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.